Photo credit: Getty/Tom Merton
The accused: Bill Facteau, former CEO of Acclarent, Inc.
The place: Menlo Park, California
The charges: Facteau was charged in April 2105, alongside Patrick Fabian, Acclarent’s former VP of sales, with felony adulteration and misbranding of a sinus surgery device marketed by Acclarent. Other charges brought down by the Department of Justice included wire fraud and conspiracy.
The verdict: Facteau was acquitted of the felony charges at trial in July. However, he was convicted on 10 misdemeanor counts. Sentencing is set for Nov. 16 and he faces 10 to 16 months in prison under the guidelines. However, he is appealing the case in U.S. District Court, Law 360 reports, and if necessary, his lawyers say they will ask the First Circuit to overturn the verdict.
In a statement after his acquittal of the felony charges, Facteau said he was “gratified” that the jury rejected the felony counts and that he and his legal team are “confident that misdemeanors will also be successfully addressed.”